Connect with us

Trends

Data Center market reach $96.85 billion by 2028

APAC Data Center Market is projected to reach a value of $96.85 billion by 2028 from $70.09 billion in 2022, growing at a CAGR of 5.5%, according to Research and Markets.

APAC is one of the strongly growing markets in data center developments globally, with a major contribution from India, China, Japan, and Australia, followed by other countries such as South Korea, Taiwan, and Southeast Asian countries. Regarding IT infrastructure, the market is witnessing the adoption of 40-100GbE switches, flash storage devices, and rack servers.

Electrical infrastructure segment is witnessing a surge in investments for UPS systems and generators driven by strong growth in regional data center projects. Mechanical Infrastructure segment is witnessing rising growth in investments for air-based cooling solutions, with some countries and especially Southeast Asia witnessing a surge in water cooling solutions due to the tropical climate.

General construction segment comprises several regional and global construction contractors & subcontractors. Market is witnessing major trends such as growing sustainability strategies and edge data center deployments rising. Research and Markets

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!